Free banking services to discontinue from January 20? Rumour or truth? Find out here

Millions of bank customers are wondering ‘Is there any proposal from Government of India to discontinue free banking services from January 20?’ Now, Narendra Modi government has come forward to answer this.

Financial Services Secretary Rajeev Kumar on Wednesday clarified that the Government of India has no proposal to discontinue free banking services from January 20 and asked people not to pay heed to ‘baseless rumours’.

“No proposal by banks to discontinue free services from 20th January. Pure Rumours. Pl Ignore , advises Indian Banking Association clarifying that rumours in section of social media are baseless and no such blanket removal.@finmin@pmoindia@PIB@ ANI,” Kumar wrote on Twitter.